EarningsQ2 2026 Earnings Report
MX:ACLS Q2 2026 EPS Results
Actual EPS$18.16
Consensus EPS$15.32
Beat/MissBeat by +$2.84
One Year Ago EPS$19.36
MX:ACLS Q2 2026 Revenue Results
Actual Revenue$3.69B
Expected Revenue$3.51B
Beat/MissBeat by +$173.80M
YoY Revenue Growth+10.60%
Earnings Announcement Details
QuarterQ2 2026
Date08/06/2026
TimeBefore Open
Conference CallThursday, August 6, 2026
MX:ACLS Upcoming Earnings
Axcelis Technologies's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:ACLS Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveys a constructive and improving business outlook: the company beat Q2 revenue and EPS expectations, reported strength in CS&I and power markets, secured new power customers, and raised its full-year revenue outlook to mid-single-digit growth. Margins were broadly in line but slightly below expectations due to CS&I mix and higher services costs, and memory sales remain lumpy until additional cleanroom capacity comes online. The balance sheet is solid and management provided raised guidance for the second half of 2026. Overall, positive operational progress and an improved outlook outweigh modest margin and mix headwinds.Company Guidance
Quarterly Revenue and EPS Beat
Revenue of $215 million and diluted EPS of $1.06, both above company expectations; system revenue $132M and CS&I revenue $83M.
Raised Full-Year Outlook
Company now expects full year 2026 revenue growth of approximately mid-single digits year-over-year (previously expected to be roughly flat with 2025) and anticipates sequential revenue growth into Q4.
Third Quarter Guidance
Q3 revenue guide of ~$230 million (up ~7% sequentially from $215M), gross margin ~43%, operating expense ~$62M, adjusted EBITDA ~$41M, EPS ~$1.11 and tax rate ~15%.
CS&I Momentum and Aftermarket Expansion
CS&I delivered a strong quarter with growing installed base, higher customer utilization and expansion of aftermarket products and services; CS&I revenue ($83M) exceeded forecast and contributed to stability across cycles.
Bookings, Backlog and Book-to-Bill
Bookings were $131 million, slightly higher sequentially, with book-to-bill near 1x and total backlog of $452 million, indicating improving order stability.
Power Market Strength and New Customers
Bookings and demand in power improved sequentially; secured orders from two new customers in China and multiple orders for high-energy channeling/superjunction applications, validating differentiated implant capabilities.
Product Validation and New Platform Interest
Successful evaluation of Purion XEmax at a leading foundry (demonstrated up to 15 MeV implant energy) and increasing customer interest in the new Purion H6 high-current platform.
Strong Balance Sheet and Cash Position
Exited the quarter with $577 million in cash, cash equivalents and marketable securities (including $175M long-term securities) and generated $15M of free cash flow in the quarter.
MX:ACLS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed